ATO interest no longer deductible
We all know we get to claim any interest we have paid to the ATO for outstanding debt as a tax deduction. However, from 1 July 2025 you […]
We all know we get to claim any interest we have paid to the ATO for outstanding debt as a tax deduction. However, from 1 July 2025 you […]
To claim a deduction for a donation, you must be the person that gives the donation and it must meet the following 4 conditions: It must be made […]
Did you know you can claim a tax deduction on a secondhand car … even if it’s financed? A financed second hand car is treated exactly the same […]
I’m sure as you age time passes more quickly. It certainly seems 30 June comes around quicker and quicker each year. As usual at this time of the year….
Several studies have shown that investing in people is profitable. A study conducted by The Census Bureau for the Federal Department of Education revealed….
When it comes to claiming deductions for expenses in your Tax Return we usually go through a check list and ask you several questions regarding….
Have you ever wondered what some of the more unusual tax deduction requests are? Trust me, we’ve heard a few. Obviously we’ve kept names out….
Are you claiming legitimate deductible food and drink expenses or are you providing non-deductible entertainment? Unsure? Read on…
The Australian Taxation Office (ATO) has refreshed the way that taxpayers claim deductions for costs incurred when working from home. The changes better reflect….
As the financial year end approaches, it’s important you are well-aware of the ATO’s key focus areas this financial year. Understanding these key areas….